Pay off mortgage or make monthly payments and invest the rest?

[Ucsdryder]

I’m getting the itch to move. Sure would be nice to rollover a paid off house into another one, especially with current interest rates. Kind of locked into where I’m at now. Yes I could pull money out of investments but I can’t bring myself to do it.

 

[Tahoe1305]

I’m getting the itch to move. Sure would be nice to rollover a paid off house into another one, especially with current interest rates. Kind of locked into where I’m at now. Yes I could pull money out of investments but I can’t bring myself to do it.

Funny. Almost considered doing this today too. Would have involved selling nearly all my investments to pay cash for a house.

Couldn’t do it. That money has made too much money to justify.

@WaWox I’m on the other side of the fence, but the argument I’ve seen most in this thread for paying off early is “things change” and that’s one less payment to worry about and paying it off guarantees a safe shelter for the fam. It’s a valid argument, we all don’t have to agree with it.

 

[mostlybirch]

Can the people who say the "peace of mind was worth it" for paying off early explain their reasoning? I am not trying to come across as combative, I am legit wondering if I am missing something that should rob me of peace of mind

Mid thirties, putting every cent into ETFs, paying off the minimum and taking out second mortgages for major renovations [as rate still lower than what I am expecting to make in the market]

It's been done over and over and over in this thread. It is the emotional benefit over the financial. I would choose to be more liquid than not.

 

[Pharmseller]

Can the people who say the "peace of mind was worth it" for paying off early explain their reasoning? I am not trying to come across as combative, I am legit wondering if I am missing something that should rob me of peace of mind

Mid thirties, putting every cent into ETFs, paying off the minimum and taking out second mortgages for major renovations [as rate still lower than what I am expecting to make in the market]

Read post #8.

I don’t know what more you’d be looking for.



P